Gold content - chain & Krugerand

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CarlWohlforth
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« on: February 14, 2010, 09:51:24 AM »
I've got a gold chain here with a 1/10 oz Krugerand hanging from it. The chain was purchased on a SAS flight many years ago. It is stamped 14K. Do my calculations seem correct?

The Krugerand is 1/10 oz (3.11 grams) pure gold. The chain is over 19 grams of 14K gold (19 * 0.585) so contains 11.12 grams pure gold. A troy ounce is 31.1 grams so this lot (chain + coin) contains 14.2 grams or 0.4566 troy ounce pure gold.

* chain-1.jpg (53.45 KB, 467x400 - viewed 41 times.)
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